Frasers Group PLC (FRAS) — Working Capital to Net Assets Ratio
Frasers Group PLC (FRAS) has a Working Capital to Net Assets ratio of 49.0% as of April 2026. Working capital of GBX1.20 Billion (current assets of GBX2.70 Billion minus current liabilities of GBX1.50 Billion) is measured against net assets of GBX2.45 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Frasers Group PLC to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Frasers Group PLC Working Capital to Net Assets (2004–2026)
This chart shows how Frasers Group PLC's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of April 2026, the ratio stands at 49.0%, reflecting working capital of GBX1.20 Billion against net assets of GBX2.45 Billion GBX. For the complete balance sheet picture, see FRAS current and non-current assets.
Annual Working Capital to Net Assets for Frasers Group PLC (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Frasers Group PLC from 2004 to 2026, covering 23 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check FRAS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 49.0% | GBX1.20 Billion | GBX2.45 Billion | GBX2.70 Billion | GBX1.50 Billion | ▼ -7.3 pp |
| 2025 | 56.3% | GBX1.12 Billion | GBX1.99 Billion | GBX2.36 Billion | GBX1.24 Billion | ▼ -24.4 pp |
| 2024 | 80.7% | GBX1.51 Billion | GBX1.87 Billion | GBX2.48 Billion | GBX964.80 Million | ▼ -14.6 pp |
| 2023 | 95.3% | GBX1.58 Billion | GBX1.66 Billion | GBX2.60 Billion | GBX1.02 Billion | ▼ -24.5 pp |
| 2022 | 119.8% | GBX1.57 Billion | GBX1.31 Billion | GBX2.57 Billion | GBX1.00 Billion | ▲ +19.7 pp |
| 2021 | 100.0% | GBX1.21 Billion | GBX1.21 Billion | GBX2.16 Billion | GBX943.90 Million | ▼ -7.5 pp |
| 2020 | 107.5% | GBX1.38 Billion | GBX1.28 Billion | GBX2.22 Billion | GBX848.20 Million | ▼ -6.9 pp |
| 2019 | 114.4% | GBX1.43 Billion | GBX1.25 Billion | GBX2.03 Billion | GBX598.50 Million | ▲ +44.6 pp |
| 2018 | 69.8% | GBX834.60 Million | GBX1.20 Billion | GBX1.54 Billion | GBX708.60 Million | ▲ +26.7 pp |
| 2017 | 43.1% | GBX533.10 Million | GBX1.24 Billion | GBX1.27 Billion | GBX740.90 Million | ▼ -12.6 pp |
| 2016 | 55.7% | GBX770.80 Million | GBX1.38 Billion | GBX1.31 Billion | GBX540.70 Million | ▲ +13.0 pp |
| 2015 | 42.7% | GBX495.68 Million | GBX1.16 Billion | GBX878.30 Million | GBX382.62 Million | ▲ +37.2 pp |
| 2014 | 5.5% | GBX44.63 Million | GBX817.55 Million | GBX843.87 Million | GBX799.25 Million | ▼ -37.4 pp |
| 2013 | 42.8% | GBX276.12 Million | GBX644.68 Million | GBX708.41 Million | GBX432.29 Million | ▲ +11.6 pp |
| 2012 | 31.3% | GBX147.57 Million | GBX471.88 Million | GBX485.28 Million | GBX337.71 Million | ▲ +5.9 pp |
| 2011 | 25.4% | GBX83.98 Million | GBX331.13 Million | GBX370.16 Million | GBX286.17 Million | ▲ +110.7 pp |
| 2010 | -85.3% | GBX-221.58 Million | GBX259.71 Million | GBX372.11 Million | GBX593.68 Million | ▲ +128.0 pp |
| 2009 | -213.3% | GBX-327.78 Million | GBX153.68 Million | GBX406.55 Million | GBX734.34 Million | ▲ +105.9 pp |
| 2008 | -319.1% | GBX-409.80 Million | GBX128.41 Million | GBX338.66 Million | GBX748.47 Million | ▼ -286.7 pp |
| 2007 | -32.5% | GBX-91.14 Million | GBX280.80 Million | GBX501.81 Million | GBX592.94 Million | ▼ -47.5 pp |
| 2006 | 15.1% | GBX43.91 Million | GBX291.20 Million | GBX365.96 Million | GBX322.05 Million | ▲ +0.0 pp |
| 2005 | 15.1% | GBX33.52 Million | GBX222.55 Million | GBX260.86 Million | GBX227.35 Million | ▼ -4.8 pp |
| 2004 | 19.8% | GBX31.95 Million | GBX161.26 Million | GBX217.73 Million | GBX185.78 Million | — |